Axis Asset Management Company Limited

The best performing Hybrid Scheme of Axis Asset Management Company Limited in 3 years is Axis Balanced Advantage Fund Direct Growth. The scheme is in the Hybrid Category Group - Dynamic Asset Allocation category

The Custodian of Axis Asset Management Company Limited is Deutsche Bank AG .

The Registrar and transfer agent (RTA) of Axis Asset Management Company Limited is KFin Technologies Ltd .

The auditor of Axis Asset Management Company Limited is Chartered Accountants

The address of the head-office of Axis Asset Management Company Limited is Axis House, 1st Floor, C-2, Wadia International Centre, Mumbai, 400 025, India.

In India, Mutual Funds are regulated by the Securities and Exchange Board of India (SEBI). The regulations pertain to portfolio disclosure requirements, investor protection etc. Notwithstanding that, mutual fund returns are subject to market risks. Their returns vary as per market conditions. It is pivotal to read the offer document of the mutual fund schemes before investing. The offer document has detailed information on the Nature of the scheme (Growth/Income), Investment objective, Risk Level, etc. An investor is spoilt for choice due to a surfeit of investment options. Besides due diligence of the schemes, it is critical that you select schemes on the basis of your risk appetite and investment horizon.

You can buy Mutual Fund schemes directly from the AMC or an execution only platform (EOP) which enables you to invest in the Direct plan of the schemes of the AMC. On the contrary, if you take the help of a distributor/agent while buying, you invest in the Regular plan of the schemes of the AMC. Barring expense ratio, other attributes of Direct plan and Regular plan are same. Direct Plan has lower expense ratio as compared to Regular Plan. As a result, the NAV of Direct Plan is higher relative to Regular Plan. This translates to higher returns for the investors in the long run. It is advisable to invest in Direct Plan only if you possess adequate knowledge about Mutual Funds, the factors affecting their returns, risk etc. Without adequate knowhow, hasty investment decisions can have serious ramifications.